Blockstream CEO Adam Back has noted that Bitcoin’s 200-week moving average (WMA) has now moved above $43,000. The significance of this new milestone stems from the fact that it is very rare for Bitcoin to dip below its 200 WMA, even during the most severe bear market corrections. The “Black Thursday” sell-off that took place […]
Category Archives: Bitcoin (BTC)
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Peter Schiff, a noted macroeconomic analyst and gold advocate, recently shared his perspective on Japan’s economic policies, while also expressing strong skepticism about the concept of Bitcoin (BTC) as a strategic reserve. Noting that the Bank of Japan’s efforts to raise inflation over the past decade have backfired, Schiff suggested that the economy would have been […]
After a massive sell-off on the cryptocurrency market this week, many saw the price of Bitcoin (BTC) bounce back from as low as $89,000 to $97,000 in a matter of hours. In the altcoin space, the story is even more dramatic, with many of the alternative cryptocurrencies posting double-digit percentage gains in just the last two […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Michael Saylor, executive chairman at business intelligence firm MicroStrategy, recently urged Mohamed El-Erian, the chief economic adviser of Allianz, to buy Bitcoin. During his recent appearance on CNBC, the former PIMCO boss stated that the recent economic data was “somewhat stronger” and “somewhat hotter” than initially anticipated. This has been a “consistent theme,” according to […]
The price of Bitcoin, the leading cryptocurrency by market capitalization, briefly managed to reclaim the $100,000 level on the Bitstamp level earlier today. The cryptocurrency reached an intraday high of $100,510 after spiking by more than 2% on Wednesday. The rally comes after a Reuters report stating that the SEC will start overhauling its crypto […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]